Please note that the summaries of news items posted on this page
do not necessarily represent the official positions of CSU-ERFA
or its affiliates. Links contained within the summaries may
take you to the original news sources. CSU-ERFA is not
responsible for the content of linked articles and cannot
guarantee the accuracy or completeness of those articles.

December 2016

Youth
would be an ideal state if it came a little later in
life. ~Herbert Asquith

Under
these market conditions, achieving a 7.5% rate of
return would require the pension fund to invest more
heavily in equities, which would also increase
investment risk. Lowering the assumed rate of return
would be accomplished by reducing the exposure to
equities and increasing holdings in lower-risk
fixed-income investments.

According to the article, the decision to make this
move could come as early as February 2017. The
effect of such a move would have a significant
impact on the employers that contribute to the
CalPERS pension fund. To make up for reduced
investment returns, the employers (state and local
agencies) would have to contribute more to CalPERS
in order to cover pension obligations. This burden
would be more difficult for smaller entities such as
some cities and rural counties to meet.

It
would be likely that current employees would be
asked to contribute more to the pension fund, or to
accept lower pension benefits, or to make higher
contributions to their health plan costs. Under
current law, retirees' pension benefits cannot be
reduced; however, increased retiree contributions to
health benefit costs is a possibility.

We
will keep you informed of any decisions by CalPERS
to change their target rate of return.

_______________________

As you may know, CalPERS
automatically reimburses the basic Medicare Part B
monthly premium (which will be $134.00 for 2017) for its retirees who are
in Medicare. What you may not know is that if
you are subject to the Income-Related Monthly
Medicare Adjustment Amount (the IRMAA) because your annual
total adjusted income exceeds certain limits, you
may be eligible to have part or all of the IRMAA
reimbursed by CalPERS as well.

The
amount of additional reimbursement will depend on
how much excess money is available from the monthly
health insurance contribution made by the CSU for
CSU retirees. This will vary depending on how
many of your dependents, if any, are enrolled in
CalPERS basic or supplemental health plans.

If you
think you may be eligible for reimbursement for all
or part of your IRMAA, you have to notify CalPERS in
writing. Include in your letter to CalPERS a
copy of your annual letter from the Social Security
Administration describing your benefits for the
coming calendar year. This will include the
amount of your IRMAA. (The letter for 2017 was sent
to Social Security recipients in late November
2016.)

Within
a few weeks you should receive a response from
CalPERS, which indicates the amount of additional
Part B reimbursement you will receive for 2017.
Note that it can take from 30 to 90 days before the
additional reimbursement begins to appear in your
retirement check or deposit. The reimbursement
will cover the entire year, so you may also see a
lump sum payment for the prior months.

_______________________

October 2016

Retire from work, but not from life. ~M.K. Soni

CSU-ERFA Reporter
editor Ted Anagnoson recently prepared an analysis
of each of the Propositions on the November 8, 2016
general election ballot, along with his
recommendations. Note - CSU-ERFA has not taken a
position on any of the propositions on the November
8th ballot. You can download Ted's analysis and
recommendations
here.

_______________________

_______________________

September 2016

Retire from work, but not from life. ~M.K. Soni

The
California Public Employees' Retirement System (CalPERS)
was named today the 2016 Sustainable Business of
the Year by the Business Environmental Resource
Center (BERC), which recognizes top environmentally
proactive Sacramento-area businesses whose work
practices demonstrate an outstanding commitment to
enhancing sustainability.

CalPERS' water conservation efforts garnered the
attention of BERC, and included a cooling tower
recapture project that netted 1.7 million gallons of
water. Also noted in the award citation was the
replacement of approximately 40,000 square feet of
sod with drought tolerant artificial turf and
sustainable materials at CalPERS' Lincoln Plaza
North building and along R Street behind the Lincoln
Plaza East/West buildings.

More
information about CalPERS' conservation efforts can
be found
here.

_______________________

A CSU-ERFA
Soles4Souls pilot project
at CSU Dominguez Hills collected 2,568 pairs of used
shoes, which will be distributed through
micro-enterprises in developing countries by the
Soles4Soles Charity.

The
pilot project was carried out during a two-month
period this past semester at the Dominguez Hills
campus. A full
report on the results of the pilot project is
available for download.

_______________________

_______________________

July 2016

One of the problems of
retirement is that it gives you more time to read
about the problems of retirement.
~Author unknown.

CalPERS Health Plans Open
Enrollment 2016: The open enrollment period for
CalPERS health plans will begin on September 12,
2016, and will end on October 7, 2016. Those of you
who have elected to continue receiving health plan
open enrollment information by mail should receive
it prior to the start of the open enrollment period.
If you haven't received your information packet by a
week or so before the start of open enrollment, call
CalPERS at 1-888-225-7377 to request a packet.

Those
of you who did not send a written notice to CalPERS
electing to continue receiving open enrollment
information by mail, will need to log on to your
my|CalPERS account to view the open enrollment
information. If you don't already have a
my|CalPERS account, this would be a good time to
create one.

The
account setup procedure is relatively
straight-forward. Go to
my.calpers.ca.gov and select "Participant" on
the Pre-Login page, then select "Continue," then
select "Register Now" and follow the prompts.
(If you run into any difficulty, call CalPERS at
1-888225-7377 for assistance or contact us.)

If you
are thinking about changing your health plan
coverage for next year, CalPERS already has posted
rate information for the plans that will be
available for 2017; and you can find that
information on your
my|CalPERS page.

_______________________

_______________________

May 2015

One of the problems of
retirement is that it gives you more time to read
about the problems of retirement.
~Author unknown.

Former
CalPERS CEO Fred Buenrostro
was sentenced by a federal judge today (May 31,
2016) to four and 1/2 years in prison in a case in
which he acknowledged accepting bribes and trying to
steer investments to help an associate according to
an article in
Salon.

Buenrostro pleaded guilty two years ago to accepting
bribes to persuade CalPERS staff members to make
investment decisions that helped former CalPERS
board member Alfred Villalobos who at the time was
working as an investment manager. Villalobos
committed suicide in January of 2015.

Buenrostro's sentencing brings to a close the most
serious scandal to hit CalPERS in recent memory. As
a result of the scandal, CalPERS has instituted
numerous safeguards to prevent similar actions in
the future.

_______________________

CalPERS selects new Pharmacy
Benefits Manager for 2017. CalPERS has signed a
five-year contract with OptumRX to administer
prescription drug benefits for all CalPERS health
plans with the exception of Kaiser and Blue Shield
of California HMOs starting January 1, 2017.

CalPERS issued the following news release regarding
the change on May 18, 2016:

The California
Public Employees' Retirement System (CalPERS) today
announced that it selected OptumRX as its new
Pharmacy Benefits Manager (PBM). The company will
administer prescription drug benefits for nearly
486,000 members and their dependents enrolled in all
of CalPERS' health plans with the exception of the
Kaiser and Blue Shield of California Health
Maintenance Organization (HMO) plans.

The five-year
contract – worth an estimated $4.9 billion – takes
effect January 1, 2017, and ends December 31, 2021.
It will cover pharmacy benefits for members enrolled
in CalPERS' self-funded PERS Select, PERS Choice,
and PERSCare Preferred Provider Organization health
plans, as well as for those enrolled in the Anthem
Blue Cross, HealthNet, Sharp, and UnitedHealthcare
HMO plans.

OptumRx, a
subsidiary of UnitedHealth Group, is headquartered
in Eden Prairie, Minnesota, and has connections to
more than 67,000 pharmacies nationwide. It will
replace CalPERS' current PBM, CVS Caremark, whose
contract expires December 31, 2016. CVS has held the
PBM contract since January 1, 2012.

OptumRx was one of
three finalists in a competitive bid process for the
PBM contract. In addition to CVS, the other bidder
was Express Scripts, Inc.

The CalPERS Board
of Administration awarded the PBM contract to
OptumRx based on the results of its final bid
submission.

"The finalists and
their bid responses went through a thorough vetting
during the review, from their customer service and
mail order processes to their pricing and
cost-control measures," said CalPERS Board of
Administration President Rob Feckner. "OptumRx had
the strongest bid submission. We are confident that
the company will successfully meet the needs of our
members and our staff will work with OptumRx and CVS
Caremark to ensure that the transition for our
members and physicians will be as smooth as
possible."

_______________________

This is the first
time CalPERS has negotiated and secured contractual
agreements before the PBM contract was awarded, and
the first time it has negotiated a full five-year
PBM contract at one time.

"We placed a lot of
emphasis in this solicitation on the company's
ability to deal with the increasingly high cost of
prescription drugs, and OptumRx presented a very
strong proposal," said Priya Mathur, chair of the
CalPERS Pension and Health Benefits Committee. "In
addition to being concerned about the health and
safety of our members, we wanted to ensure the
company we selected would be as committed as we are
to continually develop strategies to mitigate the
impact of those rapidly rising costs on our
members."

Contract terms
require that the PBM provide drugs of the highest
quality and value, based on sound clinical evidence.
It also requires transparency and full disclosure of
the financial relationships between the PBM and drug
manufacturers.

All of the bidders
for the PBM contract were evaluated on their
strategies for price controls, sustained
affordability, pricing, innovation, mail order
networks, formularies, drug utilization programs,
utilization management, and customer service.

For more than eight
decades, CalPERS has built retirement and health
security for state, school, and public agency
members who invest their lifework in public service.
Our pension fund serves more than 1.8 million
members in the CalPERS retirement system and
administers benefits for more than 1.4 million
members and their families in our health program,
making us the largest defined-benefit public pension
in the U.S. CalPERS' total fund market value
currently stands at approximately $291 billion. For
more information, visit
www.calpers.ca.gov.

CSU-ERFA will provide additional information about
the change to the new Pharmacy Benefits Manager as
it becomes available.

_______________________

Beginning May 16, 2016 CSU-ERFA Headquarters
office hours will be from 9 AM to 3 PM Pacific
Time, Monday through Thursday. Voicemail
messages may be left outside regular office hours.

CalPERS Health Plan
statements and open enrollment information is going
online. You should have received a notice from CalPERS
informing you that starting later this year (August
22, 2016) your annual health plan statement and open
enrollment information for the coming year (2017)
will be available online through your
my|CalPERS account.

Your
health plan statement and open enrollment
information will no longer be sent to you by U.S.
Mail unless you specifically notify CalPERS that you
want to continue receiving by mail no later than
July 1, 2016.

You
can provide such notification by returning the
postcard that comes with the notice by July 1, 2016,
or by calling CalPERS at 1-888-225-7377, or by
logging into
my.calpers.ca.gov and selecting the Profile Tab
option, then selecting Mailing Preference.

_______________________

Harold Goldwhite
(Los Angeles) has been selected to succeed Don
Cameron as Executive Director of CSU-ERFA.
Goldwhite's selection was confirmed by acclamation
at the April 23rd State Council Meeting in San Jose.
He will begin a two-year on July 1, 2016 succeeding
Don Cameron who has been serving as Interim
Executive Director since July 1, 2015.

Goldwhite previously has served as Chair of the
Chemistry Department at CSU Los Angeles, Chair of
the CSU Los Angeles Academic Senate, Chair of the
statewide CSU Academic Senate, Director of the CSU
Institute of Teaching and Learning, and Faculty
Trustee on the CSU Board of Trustees among other
positions.

As
Executive Director, Goldwhite will be responsible
for the day-to-day operations of CSU-ERFA.

_______________________

March 2016

One of the problems of
retirement is that it gives you more time to read
about the problems of retirement.
~Author unknown.

The
following is from a CalPERS news release that was
received today (March 31, 2016).

CalPERS Issues
Fraud Alert for Riverside County Members

Recent
reports of individuals posing as CalPERS employees

SACRAMENTO, CA – Members of
the California Public Employees’ Retirement
System (CalPERS) living in Riverside County,
California, have recently reported that
individuals posing as CalPERS employees are
attempting to engage with members at their place
of residence. This is to alert CalPERS members
in the Riverside County area to be cautious and
to prevent them from being victimized.

CalPERS members in
the City of Corona in Riverside County reported
to CalPERS that a well-dressed male approached
their place of residence and indicated that he
wanted to discuss member discounts that are now
available to them. The members were presented
with information on a clipboard that accompanied
an envelope that is marked with a CalPERS logo
and a form of an employee badge.

It is important
for members in Riverside County to know that
CalPERS does not contact members by going
door-to-door. CalPERS members are advised to
be cautious if they are contacted by any
door-to-door individual and that they should get
any identifying information, vehicles, business
cards, names, etc., of the person representing
themselves as CalPERS employees/representatives,
and immediately contact the Riverside Police
Department and notify CalPERS at 1-888-CalPERS
(225-7377).

_______________________

CSU-ERFA President William
Blischke has asked that we post the following letter
from George Diehr, current CSU-ERFA Executive Board
Member, and former CalPERS Trustee. Please
note that neither the CSU-ERFA Executive Committee,
nor the CSU-ERFA State Council has had an
opportunity to vote on a position regarding the
strike. Thus, our organization remains neutral
on this issue. However, members of CSU-ERFA of
course are free to participate in the strike as
individuals if they so choose.

Dear CSU-ERFA Colleagues,

As you know, the CSU faculty is preparingto hold
a strike from April 13-15 and 18-19 at all 23 CSU
campuses. I am supporting this strike for one
reason: the CSU administration needs to return
its focus to the university's raison d'etre:
education.

The disturbing findings and
trends I wrote
about in the final years of the 20th
century
have continued unabated in the new century.
The proportion of the CSU budget spent on
instruction and faculty compensation has
declined dramatically. In addition, critical
support functions for instruction—academic
support—have also not enjoyed the increases
afforded other support activities.

In 1999/2000, the CSU spent $2,689 million, of
which $1,250.8 million was spent on instruction:
46.5%. Sixteen years later, total expenditures had
increased 90% to $5,113.9 million, but instruction
had increased by only 84.2%, falling to 45.1% of
the total. While a 1.4 percentage point decline
might not seem like a lot, $71 million—it is more
than CFA seeks in order to provide a 5%, instead
of 2%, salary increase.

Even more shocking is how
spending on faculty
compensation declined as a percentage of total
employee compensation. In 2000/01, 53.9% of total
compensation cost was spent on faculty; by
2016/17, the faculty percentage had declined
to 49.7%. To restore the faculty compensation
cost to 2000/01 proportions would require an
increase of 18.5%! CFA is asking for only 3%
above the administration's offer.

For further analysis of
the impact of California
State University administration’s priorities and
decisions on CSU faculty, students and public
higher education, take a look at the “Race to
the Bottom” series released in 2015:
http://www.calfac.org/race-to-the-bottom

The bottom line is that the
quality of our
students’ education depends on its faculty,
yet in the CSU, the faculty has been left
behind while other functions have enjoyed
the majority of funding increases. CFA’s
bargaining for a 5% salary increase is not
only justified but is really quite modest in
light of the statistics cited above.

CSU retired faculty spent our professional lives
helping to build a strong public university system
for our students. Now we need to protect our
university by standing with our active colleagues
in their fight for 5%. Show your support by
walking a picket line, distributing information
to colleagues, writing letters to CSU trustees
and officials, legislators, and/or the governor.

CalPERS Health Plan
statements and open enrollment information is going
online. If you have not already received it,
you soon will receive a notice from CalPERS
informing you that starting later this year (August
22, 2016) your annual health plan statement and open
enrollment information for the coming year (2017)
will be available online through your
my|CalPERS account.

Your
health plan statement and open enrollment
information will no longer be sent to you by U.S.
Mail unless you specifically notify CalPERS that you
want to continue receiving by mail.

You
can provide such notification by returning the
postcard that comes with the notice by July 1, 2016,
or by calling CalPERS at 1-888-225-7377, or by
logging into
my.calpers.ca.gov and selecting the Profile Tab
option, then selecting Mailing Preference.

_______________________

We have received the very sad
news that CSU-ERFA Past President Milt Dobkin
passed away on March 10, 2016.

Milt
Dobkin served as the second president of CSU-ERFA
from 1989 through 1994. Along with Sid Albert,
Jack Byrom, Len Mathy, and Emmett Long, he was part
of the small group that was the driving force behind
the growth of CSU-ERFA in its first decade.
Following his service as President and
Past-President he served on the CSU-ERFA Executive
Committee as Chair of the Health Benefits Committee
for many years. In this capacity he ably
represented the health benefit concerns of CSU
retirees before CalPERS committees and other
government agencies.

He
attended meetings of the CSU-ERFA State Council well
into his 90s, offering the Association wise council
on issues of importance to its members.

In
addition to his service to CSU-ERFA, Milt was active
in the California Faculty Association, served as
Vice-President for Academic Affairs at Humboldt,
served as acting President at Humboldt, and also
held positions in the Chancellor's Office.

As a
person, Milt was legendary for his kindness and
grace. He served as mentor to many throughout
the CSU, and he will be missed.

Update: The memorial service for Milt Dobkin is
scheduled to be held on April 9th from noon to 3 PM
at the Baywood Country Club, 3600 Buttermilk Lane,
Arcata, CA.

Editor's note: the rules for computing COLA is
somewhat complicated. A full discussion is
available on the CalPERS website. Basically if
the inflation rate is between 1 and 2% in a given
year, the following year's COLA is equal to that
percentage plus any carry-forward from previous
years up to a maximum of 2%.

If the
inflation rate in a given year exceeds 2%, the COLA
for the following year is limited to 2%. The
excess is then carried forward, and can be applied
in years when the previous year's inflation rate was
less than 2%. That is the reason why those who
retired in 2004 or earlier, will receive a 2% COLA
this year, and those who retired in 2005 will
receive a 1.555% COLA. Last year's 0.12%
inflation rate will be carried forward, and may be
added into a later year's COLA.

_______________________

February 2016

Q. How many retirees
does it take to change a light bulb?

A. Only one, but it
might take him or her two or three days. ~Author
unknown.

The March 2016 issue of
the CSU-ERFA newsletter the Reporter
is
now available online. This issue
contains a number of articles of interest to
CSU-ERFA members and other CSU retirees.

_______________________

The CSU-ERFA Grant
Awards Committee has recommended and the
CSU-ERFA Executive Committee has approved five
grant awards for the 2015-16 cycle. The
recipients were:

Mary B. White (San Jose), who was awarded
$1250 to support her project "Documentation of
California Glass History 1950 to 2015."

Laurence D. Houlgate (San Luis Obispo),
who was awarded $1150 to support his project
"Philosophy, Family and Law: A New Introduction
to Legal Philosophy."

David R. Maciel (Dominguez Hills), who
was awarded $1100 to support his project "Tin
Tan - Mexico's Early Post-modern Cross-cultural
Icon."

David R. Stronck (East Bay), who was
awarded $1000 to support his project "Measuring,
Monitoring and Analyzing the Growth of Trees in
Reforesting 10,000 Acres of Southern Alameda
County."

Herbert Arthur DeKleine (San Luis
Obispo), who was awarded $500 to support his
project "Techniques for Clonal Propagation of
Hardwood Trees."

_______________________

January 2016

Youth
would be an ideal state if it came a little later in
life. ~Herbert Asquith

The Sacramento Bee
reported today (January 18, 2016) that
the initiative sponsored by former San Jose
Mayor Chuck Reed and former San Diego Councilman
Carl DeMaio to drastically alter the California
public employee pension system has failed to make
the November 2016 ballot. The initiative
sponsors cited a lack of financial support for the
failed effort.

_______________________

_______________________

December 2015

Don't play too much golf. Two rounds
a day are plenty. ~Harry Vardon

As you may know, CalPERS
automatically reimburses the basic Medicare Part B
monthly premium (which will be $121.80 for 2016) for its retirees who are
in Medicare. What you may not know is that if
you are subject to the Income-Related Monthly
Medicare Adjustment (the IRMMA) because your annual
total adjusted income exceeds certain limits, you
may be eligible to have part or all of the IRMMA
reimbursed by CalPERS as well.

The
amount of additional reimbursement will depend on
how much excess money is available from the monthly
health insurance contribution made by the CSU for
CSU retirees. This will vary depending on how
many of your dependents, if any, are enrolled in
CalPERS basic or supplemental health plans.

If you
think you may be eligible for reimbursement for all
or part of your IRMMA, you have to notify CalPERS in
writing. Include in your letter to CalPERS a
copy of your annual letter from the Social Security
Administration describing your benefits for the
coming calendar year. This will include the
amount of your IRMMA. (The letter for 2016 was sent
to Social Security recipients in late November
2015.)

Within
a few weeks you should receive a response from
CalPERS, which indicates the amount of additional
Part B reimbursement you will receive for 2016.
Note that it can take from 30 to 90 days before the
additional reimbursement begins to appear in your
retirement check or deposit. The reimbursement
will cover the entire year, so you may also see a
lump sum payment for the prior months.

_______________________

Reminder: The
deadline for submitting applications to the
CSU-ERFA Grant Awards Program 2015-16 cycle
is December 18, 2015. These grants help
to support the research, scholarly, and creative
work of CSU-ERFA members. A total of $5,000 is
available for this grant cycle. Non-members
may submit grant applications if they include their
membership application with their proposals.
Follow the above link for more information and
application forms.

_______________________

There is still time to donate
to the CSU-ERFA Charitable foundation and receive a
tax deduction for 2015. Your donation will be
matched dollar for dollar.

The
CSU-ERFA Charitable Foundation recently received another $500 challenge grant from a CSU-ERFA member.
The donor will match all individual donations
received by the foundation through December 30, 2015 up
to a total of $500.

The
CSU-ERFA Charitable Foundation is a 501(c)3
organization that provides competitive grants to
CSU-ERFA members to support their research and
scholarly activities. Donations in any amount
from both CSU-ERFA members and the general public
are welcomed. Donations to the foundation
generally are deductible from state and federal
income taxes.

You
may donate by sending a check to the CSU-ERFA
Charitable Foundation at 18111
Nordhoff Street, Northridge, CA 91330-8339.

CSU-ERFA members also have the option of setting up
a regular monthly donation to the foundation from
their CalPERS pension warrant.

Significant changes to CalPERS offerings for
retirees have been made. Four existing
Medicare options will be discontinued, and will be
replaced by a United Health Care Medicare Advantage
Plan. If you currently are enrolled in the
Anthem Blue Cross HMO plan, Blue Shield of
California HMO, Health Net HMO, or Sharp HMO, you
will need to choose either the new United Health
Care Medicare Advantage Plan or one of the other
existing options. For details please see the
front-page story in the
September 2015 issue of the Reporter.

More
information about the new United Health Care
Medicare Advantage Plan is available in this
Q&A from CalPERS.

And
here is a
special note for people who receive their health
care from the U.C. Davis Health System in the
greater Sacramento area.

WHEREAS CSU-ERFA has taken positions
in the past against the restriction of retirement
benefits for current and future public employees,
such as those proposed by former Mayor Chuck Reed of
San Jose; and

WHEREAS the current Chuck Reed
Initiative, "1696. (15-0033) Public
Employees. Pension and Retiree Healthcare Benefits.
Initiative Constitutional Amendment," proposes to
eliminate constitutional protections for vested
pension and retiree healthcare benefits for current
public employees, including those of the CSU; and

WHEREAS the current Chuck Reed
initiative proposes barring all new public employees
in California from being placed in defined benefit
retirement plans and barring public employers from
paying more than one-half the cost of new employees’
retirement benefits or enhancing retirement
benefits, unless changes are first approved by the
voters; THEREFORE

BE IT RESOLVED that the CSU-ERFA Executive
Committee unanimously opposes the current Chuck Reed
initiative that will be circulated between August
11, 2015 and February 8, 2016 and advises all CSU-ERFA
members not to sign it.

Eliminates constitutional
protections for vested pension and retiree
healthcare benefits for current public employees,
including those working in K-12 schools, higher
education, hospitals, and police protection, for
future work performed. Adds initiative/referendum
powers to Constitution, for determining public
employee compensation and retirement benefits. Bars
government employers from enrolling new employees in
defined benefit plans, paying more than one-half
cost of new employees’ retirement benefits, or
enhancing retirement benefits, unless first approved
by voters. Limits placement of financial conditions
upon government employers closing defined benefit
plans to new employees. Summary of estimate by
Legislative Analyst and Director of Finance of
fiscal impact on state and local government:
Significant effects—savings and costs—on state and
local governments relating to compensation for
governmental employees. The magnitude and timing of
these effects would depend heavily on future
decisions made by voters, governmental employers,
and the courts. (15-0033.) (Full
Text)

_______________________

August 2015

Youth
would be an ideal state if it came a little later in
life. ~Herbert Asquith

CalPERS is providing an
informational webinar on
the new UnitedHealthcare Medicare Advantage PPO
plan being offered during this coming Open
Enrollment period (September 14-October 9).
This webinar was created specifically with
Medicare-eligible retirees in mind.

All CSU Retirees
who might be interested in this new Medicare
Advantage PPO Plan, are encouraged to register for
the the webinar. Note the date!

Questions
will be answered through the live chat function of
the webinar; and, the webinar will be
recorded, and made available on the new CalPERS
website for those who are unable to participate in
the live session.

Register with your name
and email address so that CalPERS can gauge the size
of the prospective audience.